Rainbow Rare Earths (LON:RBW), the Rare Earth Element mining company, has today announced that it has exported a further 75 tonnes of concentrate grading at approximately 53% Total Rare Earth Oxides, of which 19.5% is Neodymium and Praseodymium.
As with previous shipments, this concentrate is being sold through its offtake partner thyssenkrupp Materials Trading GmbH.
Rainbow CEO George Bennett commented: “We are pleased that we are able to continue to produce high grade concentrate from our trial mining operations at Gakara. We have recently been trialling a more mechanised extraction of ore at lower grades, and the fact that we are still able to produce high-grade concentrate through our pilot plant underlines the benign mineralogy of our deposit, and bodes well for the design of a much larger bulk mining operation, which is well underway. “
George will be attending the Arlington Pre-daba from 31 January – 2 February, and the 121 Mining Investment Cape Town on 3 and 4 February, together with Rainbow’s Chairman Adonis Pouroulis.